The UK’s first-ever luxury hotel, which has no beds, has opened in Luton, England, but the company behind it says the accommodation has been sold to a Chinese investor and not the hotel owners.
A London-based hotel operator, A-Land, announced in a statement Monday that it has bought the hotel from a Chinese buyer in a deal that is subject to regulatory approval.
The Chinese investor is not the owner of the property, but rather has a limited shareholding in A-Lands parent company, the Shanghai Group Holdings.
The hotel is owned by the Shanghai Government-backed China-based National Property Development Corporation.
“The hotel is an extraordinary opportunity for our investors and we will work with the Government to bring it into a world class hotel and hospitality sector,” said A- Land CEO David Waring in the statement.
“We will provide our customers with outstanding services and services will be delivered in a manner that maximises the benefit for our clients, their guests and the environment.”
The statement also notes that A-land is “fully committed to its mission to promote sustainable development and sustainable tourism in the Shanghai region,” and that it is committed to investing in tourism in China and the wider region.
The company says it is seeking to attract Chinese investors to develop and operate its luxury hotels in the region, and is currently working with several Chinese investors on potential projects.
In a statement released Monday, the Chinese government said that it “has not yet received the project plan” from A- Lands and that a decision on whether to approve the project has yet to be made.
The statement also said that A Land has signed a deal with the Shanghai National Development Corporation, a government-backed investment bank that invests in foreign companies.
The hotel, with a capacity of 100,000 guests, is located on the outskirts of the Luton Airport and opened in late February.
In a press release, A Land says the hotel “provides an unparalleled experience in the heart of the British capital, as well as in the Lockerbie Triangle and in the nearby Isle of Wight.”
The hotel was originally planned to be opened in 2020 but the timing has been changed to 2020, after a series of setbacks and setbacks, including delays with construction and regulatory approval for the project, according to A- lands website.
It is expected to open in 2020 or 2021.
“We are thrilled to welcome our guests, guests of A-LAND, to our new Luton hotel, and will continue to work with our guests to make Luton a destination for luxury hotels and guests of all kinds,” said David Warer in the release.